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· 10/17/1994

Siemens Credit Corp. v. Newlands

Citations

  • 905 F. Supp. 757
  • 28 U.C.C. Rep. Serv. 2d (West) 1256
  • 1994 U.S. Dist. LEXIS 15153
  • 1994 WL 589347

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that lessee was liable to lessor under a commercial finance lease which was found to be valid and not unconscionable
  • whether the transaction qualifies as a finance lease will be determined by the facts of each case
  • lease was finance lease where lessor did not select manufacturer of supply equipment, lessor acquired equipment only to lease it to lessee, and lessee executed purchase agreement assignment, which it received and approved in connection with execution of lease

Source: CourtListener parenthetical corpus (CC0).

Judges: Fern M. Smith

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.